Today, the method I want to share is very simple. Even if you are a novice in the cryptocurrency circle, you can easily make a profit as long as you strictly follow it. First, we set the moving averages on the K-line chart to three: the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is called the lifeline and is a strong support or pressure level. Through these three moving averages, we can buy and sell currencies.
1. The selected currency must be in an upward trend, or at least in a sideways state. If the currency is in a downward trend, or the moving average opens downward, it must not be selected.
2. Divide the funds into three equal parts. When the price breaks through the 5-day moving average, buy one-third with a light position; when the price breaks through the 15-day moving average, buy another one-third; similarly, when the price breaks through the 30-day moving average, buy the last one-third. This step must be strictly followed.
3. If the price of the currency does not break through the 15-day moving average after breaking through the 5-day moving average, but instead falls back, as long as the retracement does not fall below the 5-day moving average, keep the original position unchanged; if it falls below, sell.
4. If the price of the currency breaks through the 15-day moving average and does not continue to break upward, continue to hold it if it falls back but does not fall below the 15-day moving average. If it falls below the 15-day moving average, sell one-third of it first. As long as it does not fall below the 5-day moving average, continue to hold one-third of the position of the 5-day moving average.
5. When the price of the currency continues to break through the 30-day moving average and then falls back, sell it in sequence according to the previous method. 6. The shipping strategy is the opposite of buying. When the price of the currency is at a high level and falls below the 5-day moving average, sell one-third first. If it does not continue to fall, hold the remaining two-thirds of the position. If the 5-day, 15-day, and 30-day moving averages are all broken, sell them all and don't be lucky. This "fool-proof" operation is simple, but the most important thing is to
4. If the price of the currency breaks through the 15-day moving average and does not continue to break upward, continue to hold it if it falls back but does not fall below the 15-day moving average. If it falls below the 15-day moving average, sell one-third of it first. As long as it does not fall below the 5-day moving average, continue to hold one-third of the position of the 5-day moving average.
5. When the price of the currency continues to break through the 30-day moving average and then falls back, sell it in sequence according to the previous method.
6. The selling strategy is the opposite of buying. When the price of the currency is high and falls below the 5-day moving average, sell one-third first. If it does not continue to fall, hold the remaining two-thirds of the position. If the 5-day, 15-day, and 30-day moving averages are all broken, sell them all and don't be lucky. Although this "fool-proof" operation is simple, the most important thing is execution. Once you buy, the buying and selling system has been formed. Only by strictly abiding by the trading discipline can you make a profit.
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